Saturday December 20th, 2014
Saturday December 20th, 2014
Latest

Entertainment industry can’t list except…

  /   in Investors Forum 12:21 am   /   Comments

DVDs for sale are pictured in a store on September 24, 2013 in Accra. The new film by Ghanaian-Nigerian director Pascal Amanfo "Boko Haram" has been banned by censors in Ghana and shunned by cinema owners in Nigeria. AFP PHOTO

Following a fallout from the CMC’s conference that the entertainment industry should seek listing on the Nigerian Stock Exchange, NSE, shareholders are of the view that they cannot list except incorporated by CAC as a company with a product

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How to invest in treasury bills

  /   in Investors Forum   /   Comments

The Central Bank of Nigeria head office  in Abuja.

It is one of the safest investment products. Yet many people know little about it. The banks are not also helping matters. They rarely inform or educate their customers about it. And why should they, when it is more expedient for them for the customer to invest his money with them via fixed deposit than investing the money in Treasury bill.

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Shareholder berates SEC over CMC composition, associations’ multiplicity

  /   in Investors Forum 11:25 am   /   Comments

Unlike the Stock market, Forex trading is Online

The General Secretary of Independent Shareholders Association of Nigeria, ISAN, Mr. Adebayo Adeleke, has condemned the Securities and Exchange Commission, SEC, over non-inclusion of investors the its Capital Market Committee, CMC.

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When you are not satisfied with your bank (4)

  /   in Investors Forum   /   Comments

Mobile Money

You were dissatisfied with the service of your bank. You made a verbal complaint, the issue was not resolved. And as advised in the last edition, you have written a formal letter of complaint to the management of the bank, with copies to the CBN and NDIC. But you have not received any response. What should you do next?

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

Nigerian-Stock-Exchange-(NS

On the top 10 performing stocks last week were shares of Mansard Insurance Plc, Academy Press Plc, Royal Exchange Assurance Plc, P.Z Industries Plc, Ikeja Hotels Plc and Evans Medicals Plc.

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Naira devaluation: What shareholders think

  /   in Investors Forum   /   Comments

1000-naira-notes

Following the devaluation of the naira by the Central Bank of Nigeria, CBN, Shareholders in this interview speak on how it will impact on their investment especially in terms of dividend. Excerpt:

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Latest

Top 10 performing stocks

  /   in Investors Forum 12:59 am   /   Comments

Nigerian-Stock-Exchange-(NS

On the top 10 performing stocks last week were shares of P.Z Cusson Plc, Livestock Feeds Plc, Flour Mills of Nigeria Plc, Costain (West Africa) Plc, Dangote Sugar Refinery Plc (DSR) and May & Baker Plc.

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When you are not satisfied with your bank (3)

  /   in Investors Forum   /   Comments

Mobile Money

When you are not satisfied with the services of your bank, you can do either of the following.

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Unauthorised sale of shares: Sanctions are confidence booster

  /   in Investors Forum   /   Comments

Nigerian Stock Exchange

Regulatory infractions involving unauthorized sale of clients’ shares contrary to the rules and regulations governing dealing members of the Nigerian Stock Exchange (NSE) is now on the increase.

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Multi-Trex 2013 performance falls over negative working capital

  /   in Investors Forum   /   Comments

CocoaPic2

The Board of Directors of Multi-Trex Integrated Foods Plc, processors of cocoa and other consumer-based products, has disclosed that its financial position for the year ended April 30, 2014, was badly hampered by Assets Management Corporation of Nigeria (AMCON) refusal to allow it access to bank loan.

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Mansard’s corporate governance practice gets NSE’ approval

  /   in Investors Forum 12:00 am   /   Comments

The Nigerian Stock Exchange, NSE, has named Mansard Insurance Plc as one of the companies quoted on the Exchange with outstanding good corporate governance practices. Mansard received the accolade alongside seven other pilot companies that were announced at the launch of the NSE’ newly introduced Corporate Governance Rating System (CGRS), designed to rate companies listed on the Exchange based on their corporate governance and anti-corruption culture.

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Investors Speak: ICMR advocates corporate governance audit for companies, MDA

  /   in Investors Forum   /   Comments

The Registrar of Institute of Capital Market Registrar, Dr. Walker Ogogo, has called for the introduction of corporate governance audit for public companies, including Ministries, Departments and Agencies of government.

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UBA, Vitafoam, 84 others get recognition for consistent dividend payment

  /   in Investors Forum   /   Comments

As part of efforts to encourage more quoted companies to imbibe the culture of rewarding their shareholders with dividend payment, United Bank For Africa (UBA Plc), Vitafoam Plc and 84 other quoted companies have been pencilled down to be rewarded for their consistent dividend payment history by Bodmas Foundation.

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Latest

When you are not satisfied with your bank (2)

  /   in Investors Forum 8:56 pm   /   Comments

*File Photo

Incidences of poor quality service cannot be completely eliminated from any business offered by human beings. The most important thing, however, is to ensure there is an arrangement to reduce the occurrence of such incidences, and ensure that such incidences when they occur are resolved to the satisfaction of the victims of the service failures.

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Latest

Why foreign investors are leaving Nigeria Stock Exchange

  /   in Investors Forum 5:36 pm   /   Comments

Oscar-Onyema-2

The Nigeria Stock Exchange (NSE) recently experience sharp decline in market capitalization due to foreign investors exit from the market in apprehension of the impact of the decline in price of crude oil on the naira exchange rate.

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Investment One introduces online -real time trading platform

  /   in Investors Forum   /   Comments

Investment One Financial Services Limited, through its subsidiary Investment One Stockbrokers International Limited, has introduced EasyTrade, an online real time trading platform, that enables its users buy and sell stocks on the Nigeria Stock Exchange with real-time processing functionality.

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

File photo: The  floor of Stock exchange

On the top 10 performing stocks last week were the shares of Ikeja Hotels Plc, Cadbury Nig. Plc, Transnational Corporation of Nigeria (Transcorp Plc), Oando Plc, Unilever Nig. Plc and PZ Cusson Plc.

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UPDC REIT unit holders to get N1.4bn interim dividend

  /   in Investors Forum   /   Comments

The Fund Managers of UPDC Real Estate Investment Trust (UPDC REIT), FSDH Asset Management Limited, has announced the payment of N1.4 billion interim dividend to the unit holders for the period ended June 30, 2014.

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Latest

Before you choose a bank (4)

  /   in Investors Forum 12:43 am   /   Comments

Finger-AtM

“My ATM card will expire December 2014 and to my surprise, the sum of N1000 and N500 were deducted from my account twice this month (October) for new ATM card. The first deduction was on the 17th while the second one was yesterday 29th of October. Is it not supposed to be N1000? How am I going to get my money back?

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Latest

Before you choose a bank (2)

  /   in Investors Forum 12:59 am   /   Comments

BANK

Service should be the first factor to be considered before choosing a bank. It should start with the banking services your need. You have to be clear about what you need. The banking needs of a student are different from that of a petty trader, or that of a manufacturing company.

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Otti tasks banks on support for manufacturing sector

  /   in Investors Forum   /   Comments

Alex Otti

The former Group Managing Director/CEO of Diamond Bank Plc, Mr. Alex Otti, has charged financial institutions in the country to show more support to the manufacturing sector by developing more products that will adequately provide capital to the entrepreneurs.

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Why investors should have diversified investment (2)

  /   in Investors Forum   /   Comments

economy

Investment diversification is a good strategy for investors who want to make steady returns in the financial markets.

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Latest

Before you choose a bank

  /   in Investors Forum 12:59 am   /   Comments

BANK

Investigations have revealed that many people have a casual attitude when it comes to deciding on which bank to deal with. Like marriage relationship, banking relationship can make or mar an individual or a business entity.

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Latest

Why investors should have diversified investment

  /   in Investors Forum   /   Comments

1000-naira-notes

Regulators and investment experts in the Nigerian capital market have been advising investors especially the retail ones to have their investment diversified.

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Value addition to customers critical to business success

  /   in Investors Forum   /   Comments

economy

Speakers at the Stanbic IBTC Holdings Business Leadership Series held in Lagos have emphasised the role of listening to and creating value for customers in building any successful business venture.

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

Nigerian-Stock-Exchange-(NS

On the top 10 performing stocks last were shares of 7-Up Bottling Company Plc, Ikeja Hotels Plc, Mansard insurance plc, Golden Guinea Breweries Plc, Academy Press Plc and UPDC Real Estate Investment Trust Plc.

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Latest

Shareholders confront Conoil over shortcomings in corporate governance

  /   in Investors Forum 2:48 am   /   Comments

Nigerian-Stock-Exchange-(NS

Shareholders of Conoil Plc have raised concern over the shortcomings in the company’s corporate governance practices, especially the continuous absence of the chairman, Mr. Mike Adenuga, from the Annual General Meetings, AGMs.

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NSIA success result of core business values – Dozie

  /   in Investors Forum   /   Comments

insurance-pix

Chairman, Board of Directors, NSIA Insurance, formerly known as ADIC Insurance, Mr. Pascal Dozie has attributed the success of the company to its adherence, over the years, to the core business values as initially set by its founder, Prof. Joseph Irukwu, who had a burning desire to set up a model insurance company that will be known for its integrity, prompt payment of claims and pursuance of best practices.

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Latest

Pensioners weary of another verification exercise

  /   in Investors Forum   /   Comments

*One of the protester Mr. Felix Adewale Balogun, Chairman Shomolu Local Government Education Authority bin cary out, during  A Protest by Nigeria Union of Pensioners, Lagos state, on non payment of Pensioners arrears and gratuities by Lagos state Government, at Lagos House, Alausa, Ikeja. Photo: Bunmi Azeez

The Pension Transitional Arrangement Directorate (PTAD) says it has intention of creating a new and genuine database of pensioners under the Defined Benefit Scheme, DBS, by embarking on a verification exercise in the future. However, pensioners under the scheme are skeptical of any verification going forward

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Latest

Foreign investors leveraging domestic investors’ apathy to grow portfolio

  /   in Investors Forum 12:01 am   /   Comments

ANTHONY-OMOJOLA

The fact that foreign investors account for large chunk of transactions in the Nigerian capital market in spite of the persistent insecurity in the North-Eastern part of the country has been described as good indication for the progress of the market by the regulators and confidence in the market by foreign investors.

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Latest

Skye Bank, Wema Bank exit NSE’s market indices

  /   in Investors Forum 12:28 am   /   Comments

Nigerian-Stock-Exchange-(NS

SKYE Bank and Wema Bank Plc have been eased out of the Nigerian Stock Exchange, NSE’s market indices following the biannual rebalancing undertaken by the Index Committee.

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Booby traps in SEC’s Investors Protection Fund (2)

  /   in Investors Forum   /   Comments

Ms Arunma Oteh, DG, SEC

By BABAJIDE KOMOLAFE The objective of the National Investors Protection Fund (NIPF) being proposed by the Securities and Exchange Commission (SEC) is to provide compensation to some class of investors when they suffer loss due to fraud or insolvency of some specified capital market operators. In addition to some of the weaknesses in the guidelines

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